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Parliament Diary

PRS Parliament Diary: Monsoon Session – Day 16: Aug 9, 2018

The election for the Deputy Chairman of Rajya Sabha was conducted today. Mr. Harivansh Narayan Singh from Janata Dal (United) was elected as the Deputy Chair. A tally of 125 votes carried the motion in his favour with 105 against him. The other candidate was Mr. B.K. Hariprasad from Indian National Congress.

Members of the Lower House unanimously agreed to refer The Banning of Unregulated Deposit Schemes Bill, 2018 to the Standing Committee for further recommendations. The Bill provides for a mechanism to ban unregulated deposit schemes and protect the interests of depositors.